August 8, 2018

NOLA Bar/Restaurant near French Quarter : $100,000

Gorgeous restaurant in one of the best CBD location in New Orleans.
Minutes Walking distance from the Jackson Square, Aquarium, and the Harrah Casino.
$300,000 FF&E.
Movable assets : $150,000
All FF&E included in the sale
Restaurant was fully renovated April 2017 .Current Owner is selling because he does not have time to run a restaurant (has other businesses).
Incredible price: under the value of assets.
 Company ID: CGLA – 00160

Asking Price: $100,000 

 FF&E:           $300,000

Lease Rate:    $9,037 triple lease

 Owner Financing Available


Detailed Information

Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
5/1/2020
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Gorgeous top shape 2800 square feet restaurant and bar space in downtown central business district. Very friendly lease through 2020, with 2 three years option to renew.
Competition:
The restaurant in this location has been famous for years as one of the best restaurants of it’s kind in New Orleans. Incredible location. It is located in within walking distance from the Harrah Casino and the french quarter. Huge foot traffic
Financing:
possible
Reason for Selling:
Current owner does not have time to run a restaurant (has other businesses )